Knowledge Partners

May 09, 2016

Titan acquires Tiger Global-backed Caratlane: The New Indian Express

An article by the New Indian Express, uses Venture Intelligence data to track investments by Tiger Global in Carat Lane:

In all, Tiger Global had invested $50 million in the four rounds. In the latest round, in January, 2015, Caratlane raised $30 million or Rs 185 crore at a valuation of Rs 710 crore for a 26 per cent stake, according to data from Venture Intelligence. Titan may pay a premium for the stake or could be at the same valuation at which Tiger Global invested in Caratlane, sources said.